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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (1441)	9/12/1999 2:47:00 PM
From: Mike Buckley	Read Replies (1) \| Respond to of 13582

For the many Clayton Christensen fans (author of The Innovator's Dilemma), this is what he had to say about Qualcomm: "Hand-held digital appliances -- combinations of mobile phones and PalmPilots of the sort being offered by Qualcomm -- are beginning to disrupt notebook computers." --Mike Buckley

To: KyrosL who wrote (1441)	9/12/1999 3:40:00 PM
From: MileHigh	Respond to of 13582

Bell Atlantic, Vodafone Near Deal Associated Press Online - September 12, 1999 15:34 By NOELLE KNOX AP Business Writer NEW YORK (AP) - Bell Atlantic Corp. is close to agreement with one-time rival Vodafone AirTouch PLC to combine their wireless phone operations in the U.S., and a deal could be signed as early as this week, according to a person familiar with the negotiations. Bell Atlantic acknowledged it was in discussions on Sunday, nearly a week after Britain-based Vodafone AirTouch, the world's largest cellular phone company, confirmed it was pursuing the United States' largest local telephone company. "Since so much is being written, at this point, we felt it would only be fair to at least acknowledge we're in talks," said Susan Kraus, a spokeswoman for New York-based Bell Atlantic. She said the company would have no further comment until a definitive agreement was reached or talks have ended. Should a deal be reached, Bell Atlantic, which was trumped by Vodafone earlier this year in a bidding war over AirTouch Communications, would effectively get what it was after: AirTouch's West Coast cellular network. The deal being discussed would combine Bell Atlantic's East Coast operations with Vodafone AirTouch's business in the southwestern U.S. to create a separate company with a nationwide mobile-phone network that could pose a stiff challenge to U.S. competitors Sprint Corp. and AT&T Corp. The combination could lead to lower wireless phone service fees, because customers would have a nationwide network and thereby avoid roaming or other extra charges for connecting outside their carrier's network. Meetings in New York between negotiators from both companies continued Sunday, and the deal could still fall through. Analysts have said issues of control and hard feelings over the AirTouch battle could be stumbling blocks. Vodafone AirTouch is still considering other options to expand its U.S. wireless operations. Among them: acquiring another carrier such as Omnipoint Corp. or buying licenses from other carriers such as Nextwave Telecom Inc., which is currently under bankruptcy court protection. But unlike Bell Atlantic's network, Bethesda, Md.-based Omnipoint's technology is incompatible with Vodafone AirTouch's and an alliance with Bell Atlantic is the company's first choice, said the person close to the talks. A spokesman for Vodafone declined comment. Bell Atlantic, meanwhile, is working out details in a proposed $65 billion combination with GTE Corp. The merger is expected to be completed later this year.